| Name | Amit Jain |
| Born | 12 November 1976 |
| Nationality | Indian |
| Age | 46 years |
| Net Worth | Rs.2900 crores |
| Business | CarDekho, BikeDekho, InsurenceDekho, CollegeDekho |
Buying previous automobiles is fairly frequent in India. Newer ones are costly. If you go for the previous ones, you’ll be able to deliver your dream automotive to your affordability consolation zone. Amit Jain capitalized on this concept of reselling or shopping for used automobiles. Hence CarDekho was born.
Such a easy story, actually. But an entrepreneur’s journey at all times has some degree of hardship and problem. This article data the life and achievements of Amit Jain, the founding father of CarDekho and a number of different companies.
If you might have been following Shark Tank on Sony TV, then you will need to additionally know a little bit bit about Amit Jain from the present. So, if you’re interested by this budding entrepreneur, give this text a learn. Trust me; it is going to be price it.
Contents
Who Is Amit Jain?
Amit Jain is the founding father of the automotive reselling and shopping for platform named CarDekho. Amit can also be the present CEO of the corporate, and he has additionally established and run different enterprise websites as nicely. Amit rose to fame when his on-line market CarDekho grew to become one of the profitable platforms for wrestling used vehicles.
Amit can also be one of many Shark Tank Judges from the TV present on Sony TV. He capabilities as one of many judges alongside Namita Thapar, Peyush Bansal, and Aman Gupta.
CarDekho is likely one of the main platforms in India, permitting customers to entry all crucial details about vehicles they wish to purchase.
The Website Includes The Following:
- An evaluation of the automobiles.
- Details of specs.
- Pricing particulars alongside side-by-side comparisons with different automobiles.
This success led to the creation of different companies and extra success for Amit Jain. He went on to broaden by launching CollegeDekho, InsuranceDekho, and BikeDekho. Amit had additionally largely contributed because the main member of the CarDekho firm.
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Early Life & Education
Amit Jain was born within the Pink City of India, Jaipur of Rajasthan, on November 12, 1976. He belongs to a Jain family and shared his childhood with a youthful brother named Anurag. Amit’s father was the only real breadwinner of the family.
He spent most of his adolescence within the metropolis of his hometown, Jaipur. Amit has performed his highschool schooling at St Xavier’s Senior Secondary School in his hometown. After his secondary schooling, Amit took up sciences and later handed Engineering Entrance Exam after that.
Then he acquired accepted the IIT Delhi. After passing his graduating from IIT Delhi, Amit went on to pursue his first job at a software program growth agency known as Trilogy in 2000.
At that point, he was accountable for creating an internet site addressed at www.yourbillbuddy.com. Amit Jain labored at Trilogy until 2007.
Entrepreneurial Achievements
But Amit and his youthful brother Anurag needed to go away their job due to their father’s deadly illness, which was getting worse. In 2006 when their father died, Amit and Anurag got here again dwelling to deal with their family enterprise of promoting gems.
But, two of them didn’t have any curiosity within the family enterprise. So, they deliberate to start out a software program firm as a substitute. This firm was named GirnarSoft. The firm quickly grew sufficient to start out CarDekho in 2008.
Amit Jain CarDekho
The Jain brothers developed the concept of beginning CarDekho after they attended the Auto Expo held in New Delhi. So they designed a porta for delivering info to potential consumers about vehicles. The info was organized in a method to assist make shopping for choices in regards to the vehicles.
They additionally developed an intuitive method of connecting the consumers and sellers of previous vehicles by means of the web sites they had been constructing. But the beginning was by no means simple. While creating the web site, Amit Jain and his brother confronted a lack of Rs.1 Cr within the share and inventory market.
This large loss was an enormous stab on the coronary heart of the enterprise. But, in 2015, the enterprise lastly began to select up tempo. The Jain brothers lastly noticed an increase within the graph of the CarDekho enterprise. The portal quickly began to return the Jain brothers with quantity of earnings – nearly greater than what they’d initially considered. This success additionally helped them get the eye of an American funding agency named Sequoia Capital.
Later, they merged the CarDekho web site with Gaadi, Zigwheels, Carmudi Philippines, and Carddrift. Once CarDekho was a hit, the siblings had been able to launch different companies like InsurenceDekho, CollegeDekho, and BikeDekho.
Three of those companies had been additionally in a position to develop and broaden of their respective industries and generate income.
Amit Jain’s Net Worth
According to the info revealed by the TOI, Amit Jain has an enormous net worth of Rs.2900. The co-founder of the corporate CarDekho Amit Jain has amassed an enormous quantity of wealth from his shares in that firm.
CarDekho is at the moment measured at Rs.110. Amit additionally has his different companies and their shares to contribute to his huge wealth. He additionally invests in lots of startups and buys shares which sum as much as the quantity he at the moment has as his net worth.
Personal Life
Amit Jain acquired married to Pihu Jain. Pihu used to work at Girnar Private Limited. Pihu additionally works because the vice chairman of the software program firm the Jain brothers initially began. Soon the couple was blessed with twin sons. The twin sons of Amit Jain are named Aayan Jain and Aahil Jain.
Amit Jain Shark Tank
Amit Jain began to seem within the Shark Tank TV sequence in 2022. After so many complexities with the previous Shark Tank choose Ahsneer Grover, Amit Jain took over to interchange him. Amit Jain has been functioning as one of many present’s judges since January 2023.
Even Ghazal Alagh may also not be becoming a member of the present any additional. The Shark Tank present began to air on January 2, 2023, and Amit has made his strategy to this present as one of many present judges.
Bottom Line
Similar to different judges like Anupam Mittal, Amit Jain has additionally created one thing new and created an trade round it. Their caliber to unravel issues out there exhibits their excellence as entrepreneurs. Like all the opposite judges on the Shark Tank Show of Sony TV, Amit Jain has additionally gained some quantity of fame on the present. He is at the moment a face of public attraction.
These Shark Tank Judges are an inspiration to the present youth who’re dreaming of beginning their very own enterprise. Did you discover this text useful? Please put down your ideas within the remark part. Thank you.
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